PROPERTY OWNERSHIP IN INDONESIA

For Indonesian Citizens, Bay View Hill offers Free Hold Land (Hak Milik).
Right of Ownership (Hak Milik)
This refers to absolute ownership of land and corresponds to freehold title in common law jurisdictions. This right can only be held by an Indonesian citizen, not a corporate entity whether local or foreign. Certain legal entities designated by the government, such as State Banks, agricultural cooperatives, religious bodies, and social foundations may hold this right subject to certain restrictions. This right of ownership is held in perpetuity. It can be sold, transferred, bequeathed, and hypothecated (mortgaged).

Can Foreigners Own Property in Indonesia?
The straight answer to this question has been in the past a clear NO. Up to now foreigners CANNOT own property in Bali or anywhere else in Indonesia. These laws might be changed, but right now no full details have been released, and it has not yet been clearly defined which foreigners (permanent residents with working or retirement visa, temporary residents with working or retirement visa, certain categories of visitors, etc) will qualify.

The new regulation will probably apply only to those foreigners “domiciled in Indonesia” i.e. holding a permanent residence permit and not to foreign residents with only limited (e.g. one year) stay permits or temporary visitors to Indonesia.

Then, How Do Most Foreign Investors Solve this Problem?
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